A sale of an animal is generally governed by the provisions of the Uniform Commercial Code, which, in UCC § 2-105(1), specifically includes the unborn young of animals in the definition of "goods.
Collin Texas Contract of Sale for Unborn Foal is a legally binding contract used in Collin County, Texas, to document the sale and transfer of an unborn foal from the seller (breeder or owner) to the buyer. This contract outlines the terms and conditions of the sale and ensures the protection of both parties involved. The Collin Texas Contract of Sale for Unborn Foal typically includes the following key elements: 1. Parties Involved: This section identifies the seller, buyer, and any authorized agents involved in the transaction. It also provides their contact details and addresses for correspondence purposes. 2. Description of the Unborn Foal: This section provides a detailed description of the unborn foal, including the expected breed, color, gender, and expected birthdate. It may also mention any specific bloodlines or registration details pertaining to the foal's lineage. 3. Purchase Price and Payment Terms: The contract specifies the agreed-upon purchase price for the unborn foal and the agreed payment terms. This includes details about the deposit (if any) and the due date for the remaining balance. 4. Delivery and Possession: This section outlines when and where the foal is expected to be delivered to the buyer. It may also include provisions for the buyer's authorized agent to take possession and care for the foal until it is ready for transport. 5. Veterinary Examinations: The contract may require the buyer to arrange for a pre-purchase veterinary examination of the foal within a specified timeframe. It may also outline the actions to be taken if any health issues or abnormalities are discovered. 6. Registration and Transfer: If applicable, this section outlines the responsibilities of both parties concerning the registration and transfer of ownership of the foal to the buyer upon its birth. 7. Breeding Restrictions: In some cases, the contract may contain clauses regarding the limitations or restrictions on breeding the foal or selling its offspring. These restrictions aim to preserve the value and integrity of the foal's bloodline, if applicable. Types of Collin Texas Contracts of Sale for Unborn Foal may include: 1. Standard Collin Texas Contract of Sale for Unborn Foal: This is the most common and comprehensive contract used for the sale of an unborn foal, covering all the essential aspects mentioned above. 2. Limited Registration Collin Texas Contract of Sale for Unborn Foal: This type of contract may be specific to foals with limited registration or eligibility for specific competitions or breed registries. 3. Embryo Transfer Collin Texas Contract of Sale for Unborn Foal: This contract is tailored to situations involving the transfer of embryos between mares, ensuring the proper documentation and clear ownership transfer of the unborn foal. By utilizing a Collin Texas Contract of Sale for Unborn Foal, both the buyer and seller can ensure a transparent and structured transaction, setting clear expectations and protecting their rights and interests throughout the process.
